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Property profile & analytics

215 Lovvorn Rd Carrollton, GA 30117

  • Manufacturing properties
  • 15,000 SF
  • 0.65 lot acres
OFF-MARKET
Last Sale
Jul 16, 2024
$810,000
Value Estimations
$770,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US22-3638970
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • ADT security / Consultant

Property Details for 215 Lovvorn Rd

Year built
1984
Construction
STEEL FRAME
Lot size
0.65 lot acres
Property size
15,000 SF
Zone code
3
Property type
Manufacturing properties
APN
C08-006-0006
APU
C080060006

Description

This exceptional offering presents a substantial 29,567-square-foot warehouse and flex space in West Georgia, ideally situated in Carroll County's Carrollton submarket. The property comprises two buildings totaling the stated square footage, currently available for lease. Building features include a mix of conditioned warehouse, showroom, and office space, accommodating diverse operational needs. Ceiling heights range from 12 to 24 feet, providing ample vertical clearance. The property boasts four loading docks, two dock-high doors, one oversized drive-in door, and fifteen surface parking spaces. The space is equipped with updated single and three-phase power (208 volts), a wet sprinkler system, and an interior and exterior security system. The property is zoned M-1 (Light Industrial) and sits on 1.21 acres of land. Conveniently located approximately 11 miles from I-20 (Exit 11) and 26 miles from I-85 S (Exit 44 in Newnan), this property offers excellent access to major transportation arteries. Built in 1957 and renovated in 1984, this Class C property presents a unique opportunity for businesses seeking versatile and well-equipped industrial space. The current lease rate is $6.50 per square foot on a modified gross basis, and the lease term extends through March 31, 2028, with the possibility of extension. The APN is C08 0060006 & C08 0060005. The buildings can be leased separately.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $810,000
    ML approach
    $810,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $643,000
    Market price range: $442k - $1.46M
  • Alternative Use

    Use
    Estimation
    INDUSTRIAL (GENERAL)
    $915,000
    Current use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Carrollton
County
Carroll
State
Georgia
Longitude
-85.0859
Latitude
33.5779
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,092
$16,900
$194,602
$211,502
-
$42,250
$486,504
$528,754
More about this property
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